If you want the best APR loans available on the market, at Personal Loans Now we can find them. With one easy to use application, we’ll search the entire personal loans market, so you don’t have to. In just a few clicks, you can have your own personalised table of loan offers from over 40+ direct lenders. If you want to find the best low APR loans today, click apply now, and we’ll help you apply for between £1,000 up to £25,000 instantly.
Best APR Bank Loans Available
Do you want a loan that will give you all the funds you need to book that dream holiday? Buy that brand-new car, or make improvements to your household? If you do, then you want to have a loan that offers the best rates you can find. However, finding the best APR loans may not be as easy in reality. Especially when you’re not sure where to look or to begin. That’s why at Personal Loans Now, we want to help you. We’ll give you an overview of the entire personal loans market so you can pick and choose the loan that works for you. How? By using our credit on demand system. With just a few personal details, you’ll be able to see all the available options. Using 40+ direct lenders who could be the ideal fit for you, we offer the best low APR loans you can find.
With just one easy to complete application form, you’ll have access to all the information you would need. We can help you make an informed decision on the best APR loans available. If this sounds like the ideal facility for you, click apply now, and we’ll quickly get to work. The best thing about it is you won’t need a credit check to see the offers available to you. Only once you’ve applied to a lender for the loan will your credit file be searched.
What Do I Need to be Eligible for the Best Low Apr Loans?
To find the best APR loans, you’ll need to meet the following eligibility as a minimum:
- You are 18 years of age or older
- You are a current UK resident
- You have a UK bank account
- You have a regular source of income
If you can say yes to the above, then you’re on the first step to applying for the best low APR loans today. If you meet the above eligibility, this does not guarantee you’ll be approved for the best APR loans. You’ll still need to undergo a full credit check and assessment of your affordability. Also, to find the very best APR loans, you’ll need to have a good credit score. The loans available to you will have a higher interest rate the lower your credit rating is.
How Does it Work Finding the Best APR Loans?
It’s quick and easy to get started with finding the best APR loans on the market through us. If you’re unsure how much you want to borrow or want to see what the potential interest could be, we can help. Our personal loan calculator will show you exactly the costs involved. Once you know the amount and loan term you wish to search for, click apply now and fill in our quick application form. Remember, you will only need to do this once to have access to all the lenders we can connect you with. You’ll need to provide a few personal details, including your date of birth and employment details. Then once complete, we’ll quickly provide you with a personalised table of offers. It takes just 3 minutes to complete an application through us. So, in an instant, you can see all the lenders willing to help you.
You won’t need to undergo a credit check at this stage. We’ll use the information you have provided to show what is available to you from the best low APR loans. Then, all you need to do is review the offers and choose the one you wish to continue with. You’ll find all the information about the loan before continuing, including the repayment terms and interest rate. Then it’s just a case of continuing your application with the lender of your choice. This can be us as we are direct lenders too. We’ll provide you with a decision in just 90 seconds once your credit file has been searched. If you’re approved, you can have the funds paid directly into your bank account on the same day.
Why Should I Choose Personal Loans Now for the Best APR Loans?
With our access to 40+ direct lenders, you have plenty of choices when applying through us. Other main advantages of using Personal Loans Now include:
- Full Online Application – you can complete the full application online without having to wait for paperwork.
- Lowest APR rates – we scan the entire personal loans market to show you the best APR loans available.
- Instant Approval – we can provide you with a decision in just 90 seconds.
- Same Day Funding – we’ll credit your bank account on the same day once approved.
- No Credit Check to Search – you’ll see all the available loan offers before a credit search is performed.
The Best APR Loans with Bad Credit
If you have bad credit, we can still help you find the best APR loans available for you. We understand that not everyone has a great credit score and you may have struggled to improve your credit rating. We work differently here at Personal Loans Now. We’ll consider not just your credit rating, but your current affordability as well. Even if your credit rating is poor, you may still find a great rate on a personal loan. Please remember, to be able to get the very best APR loans, you’ll need to have a good credit score. Some lenders may be able to help you with bad credit. However, the interest rates may be higher, and they may only be able to offer up to £7,500. If you want an amount nearer £25,000, you’ll need to be in the best financial position possible.
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Best APR Loans FAQs
Can I Borrow More than £25,000 when applying for the Best APR Loans?
We offer unsecured personal loans between £1,000 and up to £25,000. So, if you’re looking for a higher amount than this, you’ll need to look at our secured loans. With secured borrowing, you can apply for loans between £10,000 and up to £250,000. They will need to be secured against a personal asset, such as a car or property. This is because of the higher amounts being loaned posing a larger risk to the lender. If repayments are missed or the loan defaults, it can put you at risk too. The secured property would then be used to repay the debt. If you’d rather have unsecured borrowing, then the maximum you can apply for is £25,000 through us.
Do I Need a Guarantor to be able to Apply for the Best Low APR Loans?
No, you won’t need a guarantor to apply. But, depending on your current circumstances, it may help you get the best APR loans. With a guarantor loan, your credit agreement will be co-signed by another person who has a good credit rating. This way, the lender can see you as a lower risk to lend to. This can help you apply for higher amounts whilst getting lower interest rates. Applying without a guarantor is absolutely fine. However, you may struggle to get the best low APR loans if your credit rating is poor.
How is Interest Charged on the Best APR Loans?
We charge a fixed rate of 39.7% RAPR (representative, annual percentage rate) on a personal loan with us. However, if we cannot approve your loan application, the lenders we connect you with may charge anywhere between 9.9% up to 99.9%. Some lenders can offer a fixed rate of interest, where the interest stays the same throughout the loan term. Others may offer a variable rate, where the interest amount can increase or decrease during the loan term. Similar to how a credit card works, a variable rate may not be the best option for everyone. You’ll need to carefully consider the interest rates being offered to you when applying.
I’m in Financial Difficulty, Can I Still Get the Best APR Loans?
If you’re in current financial difficulty, we may not be able to offer you any borrowing. We recommend you carefully consider your current finances before applying. We do not recommend using a loan through us to cover any existing borrowing. This is because it may only provide a short term solution to a long term financial issue. As responsible lenders, we need to ensure you can afford to make the repayments you have applied for. You’ll need to ensure you’re not putting yourself into further financial difficulty. If you’re experiencing financial difficulty, we recommend that you seek financial advice. Organisations such as the Money Advice Service, can provide free, impartial financial advice to help.
How Can I Be Sure I’m Seeing the Best Apr Loans Available?
Using our credit on demand system, we search the entire market to find the very best deals available to you. As an FCA authorised lender, we’re committed to treating our customers fairly and lending responsibly. All the direct lenders we can connect you with are also FCA approved. We’ll show you all the available options with a personalised table of offers without a credit check. This is so you can fully review your options. We want to help you make the most informed decision possible. If you do have any other queries, then please contact us to find out more.